Air Berlin plc – Announcement by the Company that NIKI Luftfahrt GmbH filed a petition for the opening of insolvency proceedings, following the aborted acquisition of NIKI Luftfahrt GmbH by Deutsche Lufthansa Group 

Munich, 13. December 2017 –  Air Berlin plc ("Air Berlin" or the "Company") announced yesterday that NIKI Luftfahrt GmbH ("NIKI") has filed an application for the opening of insolvency proceedings following the failure of the sale to Deutsche Lufthansa Group and the unsuccessful search for another acquirer at short notice. The management of NIKI filed the application for the opening of insolvency proceedings at the Berlin-Charlottenburg district court and informed that initially no further flights will be carried out. 

KEOS GbR ("KEOS"), as joint representative of the EUR 225m, 2011/2018, 8.250% bond (the "Bond" / ISIN: DE000AB100B4 / WKN: AB100B), examines the impact of these recent developments on the liquidation estate in the insolvency proceedings of Air Berlin plc and the recovery prospects of creditors of Air Berlin plc. 

KEOS informs registered bondholders about the proceedings and is available for further questions at any time via email at airberlin@onesquareadvisors.com. Bondholders of the Bond, who have not registered with us thus far, are asked to please register via email or on our homepage at www.onesquareadvisors.com under the heading “Bonds” / “Air Berlin”. 

Contact:

KEOS GbR
c/o One Square Advisory Services GmbH
Theatinerstr. 36
80333 Munich
fax          +49 89 15 989822
email     airberlin@onesquareadvisors.com

web       www.onesquareadvisors.com


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